|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 4
|
RM 380,000
|
RM 465
|
818 sqft
|
|
Flat |
|
Level 6
|
RM 450,000
|
RM 550
|
818 sqft
|
|
Flat |
|
Level 8
|
RM 345,000
|
RM 422
|
818 sqft
|
|
Flat |
| 2022 | |||||
|
Level 8
|
RM 370,000
|
RM 452
|
818 sqft
|
|
Flat |
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Jalan Penaga, 11600 Jelutong, Pulau Pinang, Malaysia
MapsDesa Penaga in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 775 and 824 sqft, with a median price of RM 375K and a median price per square foot (PSF) of RM 458.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 345K to RM 414K, and a typical market range of RM 359K to RM 391K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 458, with core pricing between RM 411 and RM 506. Market pricing typically extends from RM 432.40 to RM 484.40, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 48, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.